The Namibia economy of tomorrow, after all, depends on the wisdom of the policymakers and decisions they make today.
Author: Josef Kefas Sheehama (Josef Kefas Sheehama )
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Opinion – Creating effective policies to address economic challenges
The Namibian government periodically sets policies as corrective measures for the volatile economy. It is imperative that policymakers encourage economic growth by implementing policies that promote investment, innovation, and entrepreneurship.
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Opinion – A conundrum: Debit orders for residents in arrears
The new City of Windhoek CEO might propose compulsory debit orders for residents in arrears. He also wants the government to start deducting portions of civil servants’ salaries to pay their municipal bills.
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Opinion – Avoid single-country concentration risk
Namibia is an upper-middle-income country. It relies on mining, agriculture and fishing. Uncertainty may remain, but it can be transformed into planned uncertainty, with no surprises and with contingency plans in place.
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Opinion – Rand depreciation threatens Namibia’s economy
South Africa’s rand tumbled to 19.51 against the United States dollar, as geopolitical risks added to investor concerns over a domestic energy crisis and global monetary tightening.
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Opinion | High unemployment affects the economy
As the world observes the 2023 May Day celebration, workers in Namibia are lamenting over unfair labour practices, like casualisation and non-payment of minimum wage by some employers- under the theme ‘Workers United in Ensuring Productivity for National Economic Growth and Guarding against Unfair Labour Practices in the World of Work’.
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Opinion – Interest rate hikes could trigger recession
The conventional view among economists is that higher interest rates lead to lower inflation. To substantiate my argument, since 2022, the Bank of Namibia increased the repo rate, which never curbs inflation.
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Opinion – Not all doom and gloom
We live in a great country, and you and I are at a perfect moment in the history of Namibia. It is not all doom and gloom, and the good news is that there is light at the end of the tunnel.
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Opinion – Higher borrowing costs imminent
The Bank of Namibia is expected to raise interest rates by 0.50 basis points on 19 April 2023 to curtail ravaging inflation and a fast-depreciating Namibia dollar.
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Opinion – Scrap deputy ministers, governors, SOEs and reduce cabinet
The government has buckled under pressure and plans to retrench civil servants to cut its wage bill as it struggles to pay its 107 000 employees. The plan is to transform the public service and offer effective services at all levels of government.